Becton DickinsonYou don't have to be an expert technical analyst to see what's going on in medical device and instrument firm Becton Dickinson (BDX - Get Report). Becton is currently forming an uptrending channel, a trading range that's bounded by a trendline resistance and trendline support level. Those support and resistance levels give us a high probability range for BDX to trade within. And as you might expect, the ideal time to be a buyer is on a bounce off of support.
5 Health Care Stocks Ready to Break Out
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts